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In this video, attorney Robert Less discusses the risks of acquiring property through a quitclaim deed. A quitclaim deed transfers only the seller's interest without guaranteeing clear title, meaning the buyer may assume any existing liens on the property. This poses significant risks. Quitclaim deeds are often used in divorce situations, where one spouse transfers their interest to the other, or in parent-to-child property transfers. They may also occur within limited liability companies when a member transfers property shares. Attorney Less encourages viewers to subscribe for more legal insights.